Base of transparancy in markets of real estate in Germany : purchase price collection and the report of real estate
Kertscher, Dieter
Essential task of the round about independent 500 German land valuation committees, consisting of valuers from various relevant sectors, is to provide transparency for all real estate market in the whole coutry. The committee secretariats usually are located at local cadastre offices. Base and main aim of the committees work is the maintenance of a digital property transactions inventory (purchase price collection) and its proper evaluation. Nearly one million of sales contracts form the sound basis for all analyses carried out. Besides the determination of average values, the latest software including multiple regression analysis tools - supports production of plots, diagrams, indices and other influential factors on the way to open market values. The speaker first introduces examples from German Standard Ground Value Mapss and Reports on Local Real Estate Marketss with their fixed standard pricess and lots of informations round about the markrts of real estate. Second, he presents efficient and powerful ways to computer-assisted mass valuation (Property Valuaion Information System) for builtup and non-built-up real estate durind the last 50 years in Lower Saxony.
Event: XXX FIG Working Week and General Assembly : Strategic Integration of Surveying Services
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